Anglo American (LON:AAL) Given Sell Rating at Berenberg Bank

Berenberg Bank reissued their sell rating on shares of Anglo American (LON:AAL) in a research note published on Monday, Marketbeat.com reports. The brokerage currently has a GBX 2,000 ($25.84) price target on the mining company’s stock.

A number of other research firms have also recently issued reports on AAL. Citigroup reaffirmed a “top pick” rating on shares of Anglo American in a research note on Thursday, December 12th. JPMorgan Chase & Co. upped their target price on Anglo American from GBX 2,160 ($27.91) to GBX 2,190 ($28.29) and gave the company a “neutral” rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Anglo American presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,681.67 ($34.65).

Anglo American Stock Performance

Anglo American stock opened at GBX 2,145 ($27.71) on Monday. The firm has a fifty day simple moving average of GBX 2,382.04 and a two-hundred day simple moving average of GBX 2,358.07. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 78.84. Anglo American has a twelve month low of GBX 1,960.60 ($25.33) and a twelve month high of GBX 2,813 ($36.34). The company has a market capitalization of £32.62 billion, a PE ratio of -19.75, a P/E/G ratio of 2.05 and a beta of 1.10.

Insider Activity at Anglo American

In other Anglo American news, insider Duncan Wanblad sold 22,708 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of GBX 2,388 ($30.85), for a total value of £542,267.04 ($700,603.41). 9.78% of the stock is currently owned by corporate insiders.

Anglo American Company Profile

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers.